When you work on your will and plan your estate, you plan with rose colored glasses. If you have more than one child this could be catastrophic to the relationship between your children when you are gone. Do not plan as if everything will be ok. It will not be. Instead, plan your Will as … Continue reading Planning your estate
Over the years my husband and I have been left with the responsibility of cleaning out the homes of our deceased love ones. In all cases it was a daunting task. But, it needed to be done to prepare the real estate for sale to settle the deceased’s estate. So much stuff. So much stuff … Continue reading Oh The Clutter! Don’t Leave It To Your Love Ones!
The Annual Exclusion Amount exempt from gift taxes is currently $14,000 . That means while you are alive you can give money or property up to $14,000 in value to as many people as you want during each calendar year without paying any gift tax. You don’t even have to file a gift tax return. … Continue reading Gift It Or Will It